Is International Business Machines Corporation (IBM) Among the Best Stocks for Dividends Right Now?

We recently compiled a list of the 15 Best Stocks For Dividends. In this article, we are going to take a look at where International Business Machines Corporation (NYSE:IBM) stands against the other dividend stocks.

In 2023, dividend stocks underperformed compared to the overall market, which was driven largely by tech stocks. As we move into the latter half of 2024, dividend stocks have shown a similar performance trend in the first half of the year. The Dividend Aristocrats Index, which tracks the performance of companies with at least 25 consecutive years of dividend growth, is down by 0.17% year-to-date, compared with a nearly 18% gain in the broader market. Dividend stocks are declining for two main reasons. First, high…

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